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Published on Friday, March 9, 2018 | Updated on Wednesday, March 14, 2018

Turkey | Quarterly Banking & Financial Stability Monitor. March 2018

The Turkish banking sector experienced a strong credit growth in 2017 due to the macro-prudential polices implemented together with the public incentives and the Credit Guarantee Fund supports. Starting in 4Q 2017, credit growth stabilized as a result of the normalization in credits; and stands at around 19% as of end of February’2018.